Economy news

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13 April 12:15

Four significant shareholders of One United Properties have sold 234 million shares to institutional investors, raising 217 million lei.

Sources

12 April 11:01

The euro hit its lowest level this year, falling to $1.0676, amid expectations that the ECB will cut interest rates ahead of the Fed.

Sources

9 April 19:50

The European Commission has started an investigation into Chinese wind turbine suppliers, looking into possible illegal state aid.

Sources

8 April 18:46

Minister Florin Barbu has checked the progress of works on the Pietroiu - Stefan cel Mare Irrigation Scheme, a project that will provide water for 40,000 hectares.

Sources

4 April 12:21

Cigarette prices will go up again, by 1 leu/pack, from April 8.

Sources

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3 April 15:12

Allianz-Tiriac reports a significant increase in total gross written premium volume in 2023 and a solvency ratio of 130%.

Sources

3 April 11:31

Eurostat data shows that Romania has the largest wind potential in South-Eastern and Central Europe.

Sources

26 March 13:38

The Competition Council is examining the transaction by which Ahold Delhaize intends to take over Profi Rom Food in order to assess the impact on competition.

Sources

26 March 12:40

PPC has finalized the acquisition of the Land Power wind farm in Romania, with an installed capacity of 84 MW, from the European subsidiaries of the Lukoil Group.

Sources

25 March 13:55

Cocoa prices rose above $9,000/tonne amid concerns about a possible supply shortage.

Sources

25 March 06:55

The EU requires companies in Romania to disclose the salary offered to prospective employees in job advertisements.

Sources

21 March 08:05

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March 21, 2024. Summary of economic and technology news / last 24 hours

20 March 15:46

Xiaomi announced total revenue of RMB 271 billion and adjusted net profit of RMB 19.3 billion for 2023.

Sources

20 March 12:28

In the month of January 2024, the volume of construction work was down 77% from the previous month.

Sources

20 March 08:22

Bitcoin has fallen by more than 10,000 dollars from its recent record, weighing on other cryptocurrencies.

Sources

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19 March 18:52

The project to expand the Mihail Kogalniceanu air base, estimated at 2.7 billion dollars, has started.

Sources

19 March 16:43

The IMF forecasts Bulgarian GDP growth of 2.7% in 2022, and Bulgarian officials see the adoption of the euro as a solution to mitigate economic risks.

Sources

19 March 15:49

Almost 900 medicines will have higher prices from April 1 because of the minimum turnover tax.

Sources

19 March 07:52

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March 19, 2024. Summary of economic and technology news / last 24 hours

18 March 16:54

Romania lost an ICSID case and has to pay €42 million plus interest to renewable energy companies.

Sources

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